Open Joint Stock Company ('OJSC') Polymetal (LSE: PMTL) (Russian: ОАО «Полиметалл») is a precious metals mining company based in Russia. The company is listed on Moscow Stock Exchange and London Stock Exchange.

The company was founded in 1998 in Saint Petersburg by Alexander Nesis of ICT Group. In October 2011, Polymetal successfully completed the placing of £491m of shares on the London Stock Exchange, valuing the company at £3.55bn and making it the first Russian-founded company to obtain a premium listing at the LSE.

The company is the third global primary silver producer, the largest silver and the fourth gold producer in Russia. It produced 17.2 million ounces of silver and 285,000 ounces of gold in 2008.

Polymetal owns gold and silver mines and carries out exploration activities in four regions of Russia (the Magadan Region, the Khabarovsk Territory, the Sverdlovsk Region and the Chukotka Autonomous Okrug) and in Kazakhstan. Its portfolio of projects contains 36 licences covering a territory of over 7,800 km².